Bloomberg describes Bitcoin price rally as 2020 halving effect Bitcoin halving event is carried out every four years to ensure the deterrence of inflation of Bitcoin’s price. Crypto gurus emphasize that Bitcoin price faces a significant surge after every halving episode. The halving or halvening is a periodic event that happens after the mining of
Bitcoin [BTC]: General manager of BIS says Bitcoin and blockchain technology should be explored to its limits The debate about the credibility and mainstream acceptance of cryptocurrency ever since Bitcoin rose to fame in 2017 does not seem to have any conclusion. People involved in this discussion presented valid reasons both ‘for’ and ‘against’ the
Bitcoin [BTC]: Mati Greenspan claims ‘$200 move can easily lead to a $2,000 move’ Bitcoin [BTC]’s price surge has brought back fervor to the cryptocurrency markets with every sector of the industry witnessing developments. The hold near the $8,000 mark by the world’s largest cryptocurrency was seen as a sign of the bear market waning,
Bitcoin [BTC]: Fidelity has a ‘room full of ASIC miners’ at its Texas office, claims Justin Moon Bitcoin [BTC] had become the center of discussion in the crypto-verse after its meteoric rise recently. BTC is considered to be the digital gold with huge growth potential. As the interminable discussions continued for a long time, individuals
Bitcoin [BTC]: Debating on king coin’s transaction speed is a red herring argument, says Charlie Shrem The debate around Bitcoin [BTC] and its effectiveness in the current financial atmosphere has been a long ensuing debate in the cryptocurrency industry. The supporters and naysayers of the world’s largest cryptocurrency have locked horns on various aspects of
Bitcoin is holding strong on exchange trading; Bitwise report Bitwise has released some reports elaborating on the topic of Bitcoin spot market. The firm mentions and emphasizes on trading spreads in the BTC spot market. Bitwise Asset Management is the best provider of index and beta cryptocurrency asset funds. The firm is waiting for the
Hodl Hodl enters Iranian market after LocalBitcoins exchange seizes operation Hodl Hodl is a person-to-person Bitcoin exchanging firm which is presenting concessions on the trading fee to its Iranian users to take benefit of LocalBitcoins’ withdrawal from the country. In a recent post, Hodl Hodl stated that it would like to welcome the Persian-speaking market
Andreas Antonopoulos explains Bitcoin [BTC] wallets and its relation to multiple addresses, CoinJoin brought into the picture The rise in transactions in the world of cryptocurrencies has led many users and hodlers of the digital assets to dive deeper into the inner workings of the phenomenon. The piqued interest in the field has also resulted
Kraken’s Vice President says inflow of ‘professional traders’ with ‘legitimate money’ could have spurred bullish trend The crypto-winter brought the digital assets under tremendous pressure, with major coins losing most of their value. The bull run led by Bitcoin [BTC], recovered the altcoins’ market significantly. Many prominent analysts in the field have attributed the latest
Bitwise Report 2.0: Bitcoin [BTC] futures continues growth; volume over 50% of its Spot counterpart Amidst the price rally fever that is gripping the Bitcoin [BTC] spot market, contractual products are continuing to surge. A new report by Bitwise Asset Management, continuing from where their March report left off, attests to the growth of the
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